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Gazprom Prioritises LNG Over Pipeline Supplies

Gazprom Prioritises LNG Over Pipeline Supplies

Russian state-controlled Gazprom is targeting exports of up to 25mn t/yr of LNG to Asia-Pacific as it increasingly focuses on supplying LNG rather than pipeline gas to the region.

Gazprom May Develop Hydrocarbon Deposits in Argentina

Gazprom May Develop Hydrocarbon Deposits in Argentina

Gazprom may team up with Argentine energy firm YPF to explore and extract oil and gas in the South American country, Argentine Foreign Minister Hector Timerman said on Wednesday.

Iraq PM Warns Of Wars Over Exxon Deal With Kurds

Iraq PM Warns Of Wars Over Exxon Deal With Kurds

Prime Minister Nuri al-Maliki believes a contract between U.S. oil giant ExxonMobil and Iraq's autonomous Kurdistan region is dangerous and could lead to "wars," his spokesman told AFP Tuesday.

Gazprom Will Sign New Shtokman Deal At St Petersburg Forum

Gazprom Will Sign New Shtokman Deal At St Petersburg Forum

Gazprom will sign a new deal regarding terms for the Shtokman gas fields at the St Petersburg International Economic Forum later this week, the company's Chief Executive, Alexei Miller, said Tuesday.

Enel Green Power Starts Operating New Photovoltaic Plants in Greece

Enel Green Power Starts Operating New Photovoltaic Plants in Greece

Enel Green Power consolidates its position in the Greek photovoltaic market through the launching of four new plants all located in the Peloponnese region. Thanks to the entry into service of these new power plants Enel Green Power’s total installed capacity in Greece reaches 245.4 MW.

TAP Opened Up to Potential Partners

TAP Opened Up to Potential Partners

The consortium behind the Trans-Adriatic Pipeline (TAP) has opened the project up to interest from potential partners, with a call for prospective interested parties to apply.

Iraq Eyeing 9M B/D Oil Output by 2020

Iraq Eyeing 9M B/D Oil Output by 2020

Iraq's untapped southern Halfaya oil field is expected to start pumping oil for the first time this summer, the top energy advisor to Iraq's prime minister said Monday, adding that the government's realistic output target for national production is 9 million barrels a day by the end of 2020.

Italys Current Refinery Overcapacity at Least 25%

Italy's Current Refinery Overcapacity at Least 25%

Italy's refinery capacity is currently between 20% and 25% more than is needed as demand remains weak, said the head of the country's oil association, Unione Petrolifera, Monday.

Iraq To Hold New Energy Licensing Auction 2012-13 -Oil Official

Iraq To Hold New Energy Licensing Auction 2012-13 -Oil Official

Iraq is planning to hold a fifth licensing auction for exploration blocks by the end of this year or at the beginning of 2013 after its last round failed to attract many companies, a top energy advisor to the Iraqi prime minister said Monday.

Exxon Mobil Drops Shale Plans In Poland

Exxon Mobil Drops Shale Plans In Poland

Exxon Mobil Corp. (XOM) confirmed Monday it has dropped further shale exploration in Poland after two wells didn't produce commercial quantities of natural gas.

Rosneft, ExxonMobil Sign West Siberia Deal

Rosneft, ExxonMobil Sign West Siberia Deal

Rosneft and ExxonMobil today signed a cooperation agreement covering joint work in the development of the Russian firm's tight oil reserves in west Siberia.

Greek Crisis not Expected to Impact South Stream Pipe Project

Greek Crisis not Expected to Impact South Stream Pipe Project

Construction of the South Stream natural gas pipeline's offshore section will commence on schedule despite uncertainty about investments in the Greek part of the pipeline, RBC reports quoting Gazprom CEO Alexey Miller. According to him, the final decision on the timeline of the construction of the offshore part should be made before mid-November 2012.

OPEC Sec Gen: Most Members Agreed To Individual Oil Output Targets

OPEC Sec Gen: Most Members Agreed To Individual Oil Output Targets

Most members of the Organization of Petroleum Exporting Countries have agreed to reduce their oil production in line with their output in November 2011, which will bring the group back in line with its 30 million barrel a day production ceiling, said Secretary General Abdalla Salem el-Badri Friday.